Noticed Motion media a small penny stock, at 6p announced a deal with Cisco on Thursday or Friday and shot,

Missed out but...

Did anyone buy in at the time?
and if so is it too late to buy in now have 2k to put away?
or better to wait?

jules

The recent charge into this stock IMHO requires caution as since the RNS announcement which triggered the charge on the 7th Aug...

"Motion Media mm745, has been accepted by Cisco's AVVID
(Architecture for Voice, Video and Integrated Data) Partner Program within the
IP Videoconferencing category."....a lot of invetors have had their fingers well and truely burned...none more so than those that jumped on yestedays bandwagon and are now nursing a 27%+ loss.
Was fortunate to take profit at 16.25 having boarded at 6.75 purely in the the belief that this company has an enormous potential,but dismounted and took profit when the overheating took place....after all that announcement stated nothing more than MMD had been accepted into Cisco's partner programme....nothing more...no mention of sales.....BUT a great sign none the less thatMMD were on the way.
May well go back in when sanity returns as I see great potential...Todays RNS announcement about "no imminent announcement of orders" should be digested IMHO before entering..though agree with SAMPO that long term holders will be the winners in the new year...
Regards

have a feeling they will come down further from here...before settling again...

just my thoughts...

Jules.